Emerita Resources Update on El Cura and La Romanera Targets
Emerita ResourcesEmerita Resources

Emerita Resources Update on El Cura and La Romanera Targets

Emerita Resources Corp has received a resolution from the Mining Department in Huelva approving the proposed work program for the entire Iberia Belt West

Emerita Resources Corp has received a resolution from the Mining Department in Huelva approving the proposed work program for the entire Iberia Belt West project, subject to the Company receiving final approval from the Environmental Department for the El Cura and La Romanera targets. Emerita has engaged FRASA Ingenieros Consultores, a highly reputable engineering firm with offices in Spain and internationally, to prepare the environmental documentation for the west side of the IBW project, including the El Cur and La Romanera targets, in order to obtain the “Autorizacion Ambiental Unificada”. FRASA are the environmental consultants used by major companies in the area for permitting and are well versed in the requirements to obtain work permits. The required documentation for the AAU was submitted on April 8, 2021. The Company has received excellent support and advice from the professionals within both the Mines and the Environmental Departments throughout this process.

According to Emerita’s President, Joaquin Merino, P.Geo., “The approval of the Department of Mines for the entire property is a very important step and we expect it will allow us to stay on track to expand the drill program to the other targets in the coming weeks. The Department of Mines has been very helpful in getting the Project permitted for the drilling stage and we will continue to work closely with them. The permitting process is very comprehensive, but having the entire property permitted will allow the work to proceed without further interruption to the planned and future drill programs. We expect to be delivering assays from the first La Infanta drill holes in approximately one month due to the high volumes assay labs are presently experiencing.”

The drill is on site at La Infanta where the initial drill program is taking place. The initial drill program at Infanta is designed to test the full 1.2 kilometer strike length of the mineralization and test the depth extent to approximately 300 meters down dip. There are 49 historical holes drilled delineating the deposit to date and the program will move from the known mineralization and step out systematically along strike and down dip to establish a NI 43-101 compliant mineral resource estimate for the deposit. The plan will be to initially complete approximately 30 drill holes for a total of approximately 5,000 meters of drilling. The Company is fully financed to complete the program. Please refer to the news releases dated May 10, 2021 and April 12, 2021 for further details.

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